Today the House of Representatives passed the Tax Cuts and Jobs Act by a vote of 227-205. Congressman Gary Palmer (R-AL) released the following statement after voting in favor of the bill.
"My colleagues and I took a significant step towards providing American families much needed and meaningful tax relief," said Palmer. "The Tax Cuts and Jobs Act lowers rates for individuals and families and makes much needed changes designed to spur the type of sustained economic growth that will benefit every American. The American people have been waiting over three decades for this kind of reform and I hope that my colleagues in the Senate will move quickly so that we can reconcile differences and make improvements in order to deliver on the promise of tax reform to the American people."
"One of the primary reasons I ran for Congress was to have the opportunity to help make major reforms that help American families and that help make our nation more secure, more prosperous and on a path to fiscal stability. Throughout this process our focus has been on lowering rates for taxpayers, making sure American corporations can compete in the world economy, cutting taxes and red tape to promote small business startups and help them grow and making our tax code simpler and predictable to promote more investment. These are the essentials that will lead to vibrant and sustainable economic growth and that will put more money in people's paychecks."
"While we are excited about what we are doing with this bill, our tax reform effort is not a "one and done'. We will continue to work year-after-year to ensure that our tax code works for the American economy and works for all Americans."